Giant bear flag on the 1M chart???
Updated
Is there a bear flag on the 1M chart?
The 1 Month StochasticRSI says: yes
worst case scenario in play… maybe?
Is this even realistic?
It would certainly fit into the crazy social and economic times we are in.
What do you guys think?
The 1 Month StochasticRSI says: yes
worst case scenario in play… maybe?
Is this even realistic?
It would certainly fit into the crazy social and economic times we are in.
What do you guys think?
Note
After thought: probably NOT a bear flag, because the pole ended not as low as i did draw it.So it is more likely just a rising wedge pattern.
The 1M stochRSI is telling there will be no bull market any time soon.
After the bearish cross in Sept 2019 we had 6-8 month of boring sideways action.
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